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. >> big reversal. big reversal on apple certainly. the much anticipated earnings report expected tomorrow. after the break we're going to find out exactly what to expect from apple. plus, we'll debate why the stock is having such a tough time lately dropping below 400 just last week. >>> then the faa warning about long airport delays because of government budget cuts. but in addition to grounding your travel plans, the cuts could also prevent your portfolio from taking flight which we will look at coming up. >>> don't miss my exclusive interview coming up with johnson & johnson ceo alex gorsky. that stock hitting an all-time high today. how he plans to push it even higher. that and a lot more coming up on the "closing bell," most important hour of the trading day right now. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official
. i want to get some reaction and also talk about apple which releases its earnings tomorrow. that is the other enormous tech and earnings story, so we want to put them together. let's bring in jonathan hoenig, portfolio manager, fox news contributor and our very own charles payne. charles, let me start with you. i mean, these guys are traditional sandbaggers. they love to come in and sort of blow away earnings. >> yeah. melissa: they did that, although on revenue they just met which says a lot about the season. >> i know. but this is absolutely remarkable. melissa: you're dazzled. >> i'm dazzled by the reaction. it's absolutely phenomenal. and, i mean, it's up, what, 30% now i think in the of after market? melissa: yeah. no, it's crazy. trading at 216, it had closed at 174, so exploding. >> it really is. melissa: we're talking about netflix. >> oh, okay. [laughter] the point is it's one of these names where, you know, there's a 4% short position, so the audience should know that. people bet against it, so a pretty large bet that they weren't going to make it. stock's already
and start with commodities. gold, looks like it found a floor, no? >> at least temporarily. just like apple. it its funny, two, apple and gold have nothing to do with each other yet those two stocks, that stock and that commodity have gone out and crushed so many people out there over the last year. so it is nice to see both of those catching a little bit. maybe rescue retail trader a little bit. if you look at the nasdaq 100, which was the big leader today, one of the things watching google and apple have been conspiring to make the mdx do nothing last six months. >> i don't think it is a real conspiracy. >> no, no. but those two stocks are basically been forcing the nasdaq 100, really tight range. we get two of those moving same direction at the same time, that underperformance of the mdx could cause that thing to skyrocket. so i think that's a trade that may be out there. how does ndx trade versus the dow and dow which was the big leader and s&ps, was another big leader. that is trade i will really be watching. tomorrow's results could set the tone for the rest of the quarter on that tra
, the ceo cites signs of stability. >>> apple, just a day after it's set to report results. reports swirling about a possible iphone 5s delay if production. >>> did your flight get delayed this weekend? maybe you should blame it on the furloughs. headlines from the sequester continuing to bite business travellers and airlines alike. >> the markets coming off their worst week in five months and it wasn't that long ago we were on the verge of hitting s&p 1600. what do investors expect going forward? tobias levkovich joans us at post 9. welcome. always good to see you. >> good to be here. >> coming on a day when you have "barron's" over theec wooend and their poll and we laughed about it a little bit. dow 16,000 by the middle of next year. they're talking s&p 1682 and people want to read that this morning as a danger sign. >> i would be a little bit careful. if you look at how they've been with the market they've been somewhat cautious and very u.s. oriented. even cyclicals like retailers will be u.s. oriented and not the global cyclicals. i don't think people have bought into this. we see cash
are changing the way we defend our country. dagen: apple sending back millions of iphones because they were not to apples liking. take a look at how the stock is trading today. up almost 1.5% today. ♪ ♪ for about 15 minutes past the hour. connell: trip is here to make us a little bit of money. go ahead, charles. charles: checkpoint software. a little favorite of mine. they do security for companies. what i like is they have gotten into this whole data scenario. we talk about the cloud, but no one ever talks about securing the cloud i think that will be a great area. i just think the stock is so oversold. some technicians would argue it is a reverse head and shoulder. this month, there will be a whole bunch of investor cards is. i love the risk reward on checkpoint right now. pretty good room to the upside. connell: you have more on the time of year. charles: in the next hour, we will talk about the spring swoon. connell: 16 minutes past the hour. very good. thank you. anything to add? let's go to nicole at the stock exchange. looking at apple. nicole: everyone is talking about apple. it
are pricing for a chinese slowdown. >>> and apple stocks continue to tumble ahead of the earnings report tomorrow. we'll get you the latest action from new york as investors brace for more volatility. >> george napolitano is expected to tell lawmakers today how he intends to end the political stalemate and form a new government. this after the 87-year-old was re-elected for an unprecedented second term on saturday after politicians failed to agree on another candidate. he is expected to form a bipartisan cabinet. he's thought not to favor or relish the idea of fresh elections. still, his re-election has been met with anger by some including beppe grillo blasting it as a traditional party trying to hang on to power. >> they have chosen, again, a president instead who is able to guarantee the judicial power of this country in order to save berlusconi's [ bleep ] and save the left [ bleep ] with regard to the monte depasco scandal. >> politicians have been urged to finally form a government or risk a long recession in the country. georgeo said italy is not belgium and needs a government. go
way to say this, companies unfortunately are cutting their way to earnings success. >> apple reports after the close tomorrow. it's expected apple to report a nearly 8el% jump in revenue. that would be the weakest for the company in years. shares below 400 bucks for the first time since december 2011 on friday. it has shed nearly 300 billion in market value since peaking at just above 705 a share in september. and it is, if you're asked to a cocktail party what the biggest company in the world is, it's not apple any wore. >> it changed last week spp. >> it switched to exxon mobil. in fact, if you look at the ochgzs market, options pricing on friday suggesting a post earnings move of about 7.5% by april 26th. which is this friday. the key, of course, is 7.5% which way? >> that is very true. >> that's a 15-point swing. >> let's get you through some of the other issues this morning. boeing is beginning to fix grounded dream liners, installing reinforced lithium ion batteries. they're finally here. the company started today with five jets owned by nippon airways. it should make the first
of all with apple. the worst week in two and a half years, down 9% last week and nicole, any sign of a bounce? >> right, we're seeing it up 1/2 a percent for apple. i've read so much and 14 analyst downgrade apple some way, shape or form the last couple of months though there were a couple who were positive this morning and reading about forbes, throwing out the idea whether or not tim cook may be replaced, but there are so many folks who love it, but everybody knows it was adds 700 stock back in september and it's still below 400. stuart: you can't call it a bounce, a gain of a buck, that's not a bounce at all, but tell me about ibm. we would have had a triple digit rally for the dow, but any bounce. nicole: we're watching ibm, higher this morning, a name on friday dropped 8 1/4%. the biggest drop ibm has seen in three years, and the worry is about the growth prospects for the company for 2013, as you noted, it shaved off over 100 points on the dow on friday. stuart: i don't want to grind my ax, but i have a task for you. can you tell me why in the next update, were microsoft ope
. >> let us talk about something that will happen tomorrow, apple earnings. apple is up. some people think the stock is beaten down as far as it will go right now. >> that is very interesting. we're waiting on netflix. netflix is a winner. apple crossed the $400 mark, 402 today. hard to call a bottom. people said double down. if you owned it at 600 you must love it at 390. liz: we can't count how many people said, oh, now is the bottom at apple. who knows if they're
of melissa's segments on our website, kpix.com/mornings. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's expected to report an 18% drop in profits from a year earlier which would be the first year-over-year drop in profit since 2003. lots of worries that iphoneand ipad sales are much weaker as a lot of consumers hold off the next product refresh from apple and a lot will be riding on that. and for the stock tomorrow. the one good thing is with so many analyst downgrades, any good news from apple could turn it around tomorrow. ebay is trying to leverage its user base in a vote in congress. the company started sending emails to its 40 million usingers this weekend try
work with u.s. apple i have traveled to washington, d.c. on several occasions, including two bipartisan meetings with members of t of each day.h took up the there is a bipartisan agreement that the system is broken and the agreement as it stands is nearly impossible. the shared challenge faced by all farmers seems to be finding legal experience laborers who can provide the employers with coence predictability, and stability. the proposed bill would be useful as it no longer draws distinctions between seasonal and non-seasonal employers, like terry farmers, allowing dairy farmers to hire workers and their workers could even be considered for legalization. a common misconception is that these seasonal guest workers are displacing domestic workers. in our office we not only facilitate the application paperwork for employers but in some cases we process their payroll. there is a direct correlation andween the hiring of h2a domestic employees. they applied and petition in new york for 224 h2a workers. the majority of these workers only work for eight weeks. these foreign workers created 50 y
for stocks you will yeall year. apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have been stung. apple clearly a big business story of the day and the week. john. >> no question a lot of people watching that very closely. thanks. meanwhile, ahead on "starting point," the surviving suspect hidden in this plain sight after the marathon bombings going about college life as if nothing ever happened. we will hear from students who spoke to him on campus. you're watching a special edition of "starting point" live from boston. people join angie's list for all kinds of reasons. i go to angie's list to gauge whether or not the projects will be done in a timel
the future. >> i think it's a huge part of the future. >> is facebook developing a phone device, like apple did iphone? >> no. we're working on building software that can be used on all phones. >> their latest product is messages, which combines email, cell phone texting, and instant messages into one. they call it the ultimate switchboard. so do you think email will become obsolete? no. >> i'm not sure. but what we've found is that more people are using messages-- are moving away from email. and so if we build a really compelling experience, i think people are going to switch over. but i'm not going to call the end of anything. >> was this directed at gmail? >> no. >> google's email? >> no. >> because everybody's talking about a gmail killer. >> it's certainly what everyone's writing about. >> google... >> yes. >> facebook and google. >> yes. >> are they on a collision course? >> they are indeed. >> the fight's over what? it's over how-- >> search. how people find, discovery, search. >> say you want to buy a car. you can type "prius" on google and get publicly available information. or you
flooded roads. the water has also swamped hundreds of thousands of acres of farmland. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are reaping the rewards now. the faa approved a fix for the battery system that kept dreamliner out of service for three months. boeing stocks surged 2% on friday up 19% from its low point this year. >>> and another major rating agency has stripped britain of its aaa credit score. fitch down gridded them one knowledge to aa-plus -- downgraded them one notch to aa- plus saying they can't get a handle on their debt. >>> the latest lundberg survey shows the california average for a gallon of regular gas dropped 9 cents over the past two weeks
-year high. hong kong's hang seng added a fraction. essentially major countries including apple, ford, exxonmobil, will release their earnings this week. it comes as they finish their worst week since november. the dow lost 317 points while nasdaq lofrt nearly 89. there's good news at the pump with a gallon of gas dropping 11 cents. the lung berg survey now finds the total. tulsa has the cheapest at $3.21 a gaon while chicago is the most expensive in the continental u.s. at 3.97. >>> oblivion beat the competition at the box office this weekend. the sigh-fie thriller stars tom cruise as one of the last humans on a war-torn earth following an alien investigation. it hauled in more than $83 million. 42 fell to second place with $178 million in second. the croods rounds out the top three with 5.93. anne-marie? >> erica ferrari in new york. thank you, erica. straight ahead, your monday morning weather. and legally arrested. actress reese witherspoon has an embarrassing run-in with the law during a traffic stop. so i can't afford to have germy surfaces. but a fresh sheet of bounty duratowel
this week. the heaviest week yet for earnings on the first quarter. on deck apple, netflix, at&t, sprint, exxonmobil and chevron. also watch for caterpillar, boeing, ford motor, procter & gamble, and ups, among others. all of those may very well set the tone for the markets. on monday millions will go green in celebration of earth day. also on monday, march's existing home sales released followed by the new homes sales report on tuesday. thursday is the dedication of the george w. bush presidential center at southern methodist university. and on friday, we will get the gross domestic product report for the first quarter, gdp typically a market mover that measures the market's total economic output. that will do it for us today. thank you so much for being with me. next week we have a special episode for you with the technology leaders who are changing today's economy. i'm giving them a seat at the table. >> that's a great quote. trust is the new currency of the new economy. >> we'll bring that to you next week. have a great week, everyone, and i'll see you next weekend. community left in
you ask, apple is save youring questions, all of them. ake free... ...while smelling 100% handsome. [ josh ] and with a double dose of confidence like that... mmmmmm. [ c.j.] ...good happens. [ sniffs ] ahhh! [ male announcer ] head & shoulders with old spice. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. (screams) i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. >> 15 minutes till the top of the hour. let's span the globe to see what headlines are coming overseas. we begin in china where two more people died from a new strain of bird flu bringing the death toll to 20. health officials say there are 102 cases reported of those 70 still in the hospital. the source of the infection has not yet been identified. next to australia where a fisherman has a painful run in with a 10-foot shark. the man was fishing with his brother that's when a gray nurse shark bit him on both legs givi
suspended. melissa: i feel like it happens all the time. more than one bad apple. apple iphone's return to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in bloo
congressman is making is not helpful in moving forward in a reasonable way. and it's an apples and oranges situation to say that somehow, you know, because we have these two losers who committed this heinous crime that, therefore, that casts dispersions on thousands of other people who are in this country and don't happen to have been natural born american citizens. that doesn't make them bad actors, bad people, or even any more likely to be suspicious as bad people. by the way, the bad guys, the obama administration has dramatically increased deportations as you know of the real criminals who we tend to be able to find and deport when necessary. >> mr. walsh? >> jonathan, these two guys, jonathan, these two guys weren't just losers. they were part of radical islam. they were radicalized. >> that's right. >> this is a threat we've known has existed for a number of years. >> it has nothing to do with the immigration bill. it's irrelevant. it's not being rushed through as you said. the bill has been pending for white a whi quite a while. >> jonathan, it's sophisticated mindsets like yours th
street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors who on to their boeing stock following the grounding of its new 787 dreamliner are reaping the rewards. the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of giving people out there. over a million dollars
the apple or the orange? you do not know whether the department of labor tells you if you are to prefer apples or oranges. >> you suppose we should work on that aspect of it. could you explain what provision in the article it references in out?opinion on the car >> if a firm sponsors a h1b worker for a green card, they put in the paperwork that will reduce deeper h1b dependent -- their h1b numbers. they will n have to do good faith recruiting more pay the higher wage levels. i think it is a mistake and it will affect not just facebook, and we should not make policy around one firm, but other firms to exploit the program. said to have been on an h1b these uin year experience is relevant. why you say that these holders at these service companies are not really specialize? thate majority of the work the indian offshore industry does it is back office i.t. work for large enterprises here in the u.s. it does not require the necessary skill to do the traditional product development work that microsoft may require their engineers to do. the nature of the worked is really less of research and d
the ball or we need to change the laws. go ahead, mark. >> apples and oranges. you know, terry didn't say anything that was untruthful. they did exactly what they were asked to do back in 2011. f.b.i. conducted the interviews. whatever level of interview and experience the agent was, he concluded there was no information that would go forward to pose a terrorist threat. that being said, we had the information and the reason to do the interview. there is an entire section in the patriot act for sharing intelligence with local law enforcement agencies. that is the first question. did boston pd know this information and know that this person was interviewed? answer is no. second, exactly where is the f.b.i. agent that did this interview? has he disappeared from the planet? is he in the boston office? was he involved in the task force? did he see the photographs? did he get involved in this at all? did he know there was a bombing? did he come forward and say i interviewed a guy in boston that is russians thought was a jihad radical. how many times did russia send a clue about a jihadist extre
Search Results 0 to 21 of about 22